13F filing recap · Q3 2025

What did Appaloosa LP buy in Q3 2025?

Reported stock-position changes between this filing and the previous one.

Stock value

$7.38B

Positions

Estimated turnover

44.7%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

Quarter in review

Appaloosa LP opened new positions in Advanced Micro Devices, Fiserv, American Airlines Group, Truist Financial, Keycorp, Citizens Financial Group, Comerica, Owens Corning, Western Alliance Bancorporation, and Zions Bancorporation. The firm exited Intel, KE Holdings, and Oracle entirely. It dramatically increased its stakes in Whirlpool, Qualcomm, Goodyear Tire & Rubber, and Mohawk Industries, while substantially adding to Kraneshares Trust and Baidu. Notable trims included UnitedHealth Group, Micron Technology, and Block.

New positions

AMDAdvanced Micro Devices Inc$153.70Mreported value+950.0K shares FISVFiserv Inc$119.26Mreported value+925.0K shares AALAmerican Airlines Group Inc.$103.97Mreported value+9.25M shares TFCTruist Financial Corp$63.44Mreported value+1.39M shares

Increased positions

WHRWhirlpool Corp /de/$432.30Mreported value+5.23M shares+1967.0%NVDANvidia Corp$354.50Mreported value+150.0K shares+8.6%KWEBKraneshares Trust$310.87Mreported value+3.40M shares+85.0%TSMTaiwan Semiconductor Manufacturing$296.05Mreported value+35.0K shares

Reduced positions

BABAAlibaba Group Holding Limited$1.15Breported value-617.3K shares-8.7%AMZNAmazon.com Inc$548.92Mreported value-200.0K shares-7.4%GOOGAlphabet Inc.$337.93Mreported value-112.5K shares-7.5%NRGNrg Energy, Inc$302.85Mreported value-110.0K shares

Exited positions

INTCIntel Corp$179.20Mprior reported value-8.00M shares-100.0%ORCLOracle Corporation$32.79Mprior reported value-150.0K shares-100.0%BEKEKe Holdings Inc.$26.61Mprior reported value-1.50M shares-100.0%